India: BigMint Odisha iron ore fines index remains stable w-o-w despite slower dispatches
Miners announce new offers this week DMG's stricter regulations on mineral dispatches BigMint's Odisha iron ore fines (Fe 62%) index...
Iron & Steel
India: NMDC Chhattisgarh to auction over 230,000 t of iron ore
NMDC Chhattisgarh is set to auction 234,500 t of iron ore tomorrow. Bacheli mines: 21,500-t DR CLO (10-40 mm, Fe 67%),...
India: SAIL-BSL pig iron auction achieves full allocation amid INR 800/t w-o-w bid increase
SAIL-BSL auctioned 14,000 t of steel-grade pig iron on 24 Jun'26, with the entire offered quantity sold at an average...
South Korea slaps AD duties on hot-rolled steel from China, Japan; moots minimum price system
Final acceptance of price commitments by 6 Chinese and 3 Japanese companies Quarterly MIP adjustments starting in July, duty will...
Manufacturing drives India’s steel demand growth in FY’26 as infrastructure loses momentum
Manufacturing-linked sectors contribute 70% of demand growth Construction grows 9% y-o-y, remains single-largest steel consumer Infrastructure steel demand remains flat...
India: Around 250,000 t of iron ore booked at NMDC’s auctions from Karnataka
On 22 Jun'26, of the offered 296,000 t, around 244,000 t of iron ore were booked at NMDC's auctions from...
India: HRC export activity remains subdued amid muted buying interest
Quota uncertainty, high inventories weigh on EU demand Middle East sentiment mixed despite progress in US-Iran talks Indian HRC export...
China weekly: Steel prices edge lower amid weak consumption, ample supply
Weak seasonal demand continues to pressure China steel prices. Rising inventories and excess supply weigh on market. China's crude steel...
Weekly round-up: Monsoon caution weighs on steel markets amid mixed price trends
Weak demand and monsoon disruptions kept steel procurement sentiment cautious. Ferro alloys strengthened on costs, while semis and longs stayed...
India: Around 25,000 t of iron ore sold at NMDC Chhattisgarh’s auctions
NMDC Chhattisgarh's iron ore auctions saw 27,200 t booked on 18 Jun'26. Bacheli: 21,500 t of DR CLO (10-40 mm, Fe...
